TechNavio's analysts forecast the Global Next-generation Organic Solar
Cell market to grow at a CAGR of 66.23 percent over the period
2012-2016. One of the key factors contributing to this market growth is
the increase in attributes. The Global Next-generation Organic Solar
Cell market has also been witnessing the increase in R&D activities.
However, the increase in the number of alternative technologies could
pose a challenge to the growth of this market.

The other vendors mentioned in the report are Holst Centre, Konarka
Technologies Inc., Plextronics Inc., Solarmer Energy Inc., and
SolarPress.

Commenting on the report, an analyst from TechNavio's Clean Tech team
said: 'The increase in RandD activities is one of the major positive
trends prevailing in the Global Next-generation Organic Solar Cell
market. The major countries that are engaged in RandD activities in the
Next-generation Organic Solar Cell market include Japan, the US, and
Germany. Various countries and regions conduct RandD on various types of
organic solar cells and methods of production. This increase in RandD
activities in the Global Next-generation Organic Solar Cell market is
one of the major positive trends prevailing in the market.'

According to the report, the increasing attributes of these cells is one
of the major drivers of market growth. The positive attributes of
next-generation organic solar cells have increased with the increase in
R&D in the market. One of the major advantages of the next-generation
organic solar cell is that it has a low-energy production cost.

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